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Tilney adopts Deutsche Bank brand

Tilney Private Wealth Management has rebranded as Deutsche Bank Private Wealth Management.

Deutsche Bank bought Tilney in December 2006 when it became the UK arm of Deutsche Bank Private Wealth Management and the rebrand is Tilney’s latest stage of integration into its global parent.

The legal entity “Tilney Investment Management” remains unaltered and will continue to be used in client agreements.

Former Tilney CEO and Deutsche Bank Private Wealth Management global head of global investment solutions David Campbell said the name change would help reassure clients and attract business.

He says: “Being part of Deutsche Bank has enhanced the quality of the Tilney offering, bringing a breadth and depth of expertise that is almost without parallel in the UK wealth management arena.

“Against the most demanding trading conditions seen for many years and continued uncertainty in markets, the Deutsche Bank name reflects the stability and resilience of our proposition.”


Funds down by 11% to £16bn

Overseas domiciled funds under management fell by 11 per cent last year to 16.1bn from £18bn in 2007, according to statistics from the Investment Management Association.

A burden on societies

Last week, some of the biggest building societies posted profits, no mean feat in itself, but profits that were slashed by as much as 50 per cent thanks to Financial Services Compensation Scheme levies hiked up in the wake of the Icelandic bank crash and the Bradford & Bingley bailout.

Asia’s time has come

Asian markets stand at an interesting point after the ravages of 2008, with the much vaunted decoupling theory in tatters. Many commentators suggested the region had shed its long-term reliance on the US, driven by massive growth in countries such as China and India. But after a strong 2007, these markets were significantly down last year, with China off by almost two-thirds over the period.


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